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PetroSun JV in Arizona for Algae Fuel

(Feb 2008) In Arizona, PetroSun BioFuels Refining recently signed a joint venture to develop and operate a 30 Mgy algae biodiesel facility in Coolidge. Construction is projected to commence in the third quarter of this year. Late last fall, PetroSun announced a letter of intent to supply 54 million gallons of algal oil to a new 54 Mgy Bio-Alternatives biodiesel plant in south Louisiana. The initial delivery to Bio-Alternatives refinery will be in the third quarter of 2008.

Tags : USA usa algae algae algae fuel

Topics : Bioenergy

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